PenFeD’s Veteran Entrepreneur Program

Gregory Henson
2 days ago
2 min read

At Cloud Veterans, we’re committed to helping those who served build new futures in tech — and we’re proud to have allies like the PenFed Foundation who share our mission.

One of their standout initiatives is the Veteran Entrepreneur Program (VEP) — a game-changer for military-connected founders ready to scale businesses, raise capital, and make real impact.

💼 What Is the Veteran Entrepreneur Program?

Since 2018, PenFed’s Veteran Entrepreneur Program has helped over 100 veteran and military spouse founders launch and scale their companies. Through a mix of education, mentorship, networking, and capital access, it’s one of the most complete founder development programs in the country — and it’s offered completely free to those who qualify.

🚀 What Makes It Special?

Zero Cost to Founders

No fees. No equity taken. No strings attached.

This is about empowerment, not profit.

Fully Funded Travel

PenFed covers all travel and lodging for in-person sessions.

Elite Access

Alumni gain a network of investors, mentors, and other successful veteran founders.

Growth-Focused Format

3-day in-person intensives, 6-week virtual sessions, and 1-on-1 mentorship help turn great ideas into scalable businesses.

Pitch Day With Prizes

Every cohort ends in a live pitch event where founders can win cash and investor attention.

❓ Who Should Apply?

Veterans and military spouses who are founders or co-founders

Early-stage companies with high growth potential

Entrepreneurs ready to scale with support, funding, and mentorship

If that sounds like you — or someone you know — this is the kind of opportunity that changes everything.

🤝 Cloud Veterans + PenFed: A Shared Mission

At Cloud Veterans, we focus on helping veterans transition into high-paying careers in cloud computing. But we know that some of our community members are destined to build the next big thing — not just work in it.

That’s why we’re proud to work alongside the PenFed Foundation and share programs like VEP with our community.